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Sierra Co. has provided the following information: Work in Process: Feb 1 (100% complete for materials, 60% complete for 26,800 units conversion) Materials Conversion s
Sierra Co. has provided the following information: Work in Process: Feb 1 (100% complete for materials, 60% complete for 26,800 units conversion) Materials Conversion s 35,600 $ 4,800 81,300 units Units started February costs Materials Conversion $126,000 $236,000 Work in Process: Feb 28 (100% complete for materials, 20% complete for 16,500 units conversion) Using the weighted average method of process costing, complete each of the following: a. How many units were completed and transferred to Finished Goods? b. Calculate equivalent units Materials Conversion Equivealent Units c. Calculate the oost per equivalent unit. (Round your intermediate calculations and final answers to 4 decimal places.) Direct Materials Con Cost per Equivalent Unit d. What is the dollar amount transferred to Finished Goods? (Round your intermediate calculations to 4 decimal places and final answer to the nearest whole dollar amount.) e. Calculate the oost of the ending Work in Process. (Round your intermediate calculations to 4 decimal places and final answer to the nearest whole dollar amount.)
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